News
Private Placement
Vancouver, BC - Thursday, January 14th, 2010, 4:00 pm PST
Pro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to announce that the Company has now completed an $847,262.43 Cdn non-brokered, non flow-through, Private Placement through the issuance of 9,414,027 units at a price of $0.09 per unit. Each unit consists of one common share and one 36 month share purchase warrant. Each warrant is exercisable at $0.10 per share if exercised within the first 24 months and at $0.12 if exercised in the remaining 12 months. Finders’ fees may be paid on this transaction, subject to the policies of the TSX Venture Exchange. The proceeds raised will be applied to the Company’s exploration programs as well as general working capital. All shares issued will be subject to a 4 month hold period per the policies of the TSX Venture Exchange. This private placement is subject to the approval of the TSX Venture Exchange.
Trevor Welton R.P.Bio., Added to Pro Minerals’ Advisory Board
Vancouver, BC – Monday, January 25th 2009, 7:30 am PSTPro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to announce the appointment of Trevor Welton R.P.Bio. to the company’s Advisory Board. Mr. Welton is a Registered Professional Biologist with 10 years of experience in the Environmental Resource Management industry, and brings to the Advisory Board a wealth of knowledge with regards to managing, coordinating and reviewing environmental management, mitigation and protection aspects of various projects. His understanding of both provincial and federal environmental legislation will undoubtedly provide Pro Minerals with an unparalleled ability to develop its projects with only the most forward thinking and environmentally sound approach in mind.
Agreement To Aquire Cairo Claims
Wednesday, 29 October 2008 00:00
Pro Minerals Inc. and its Board of Directors are pleased to announce that the Company has entered into an agreement to acquire a 100% interest in 4 mineral claims located in the Cairo Township, in the Province of Ontario.
Pro Minerals Engages IBK Capital As Lead Investment Bank To Raise Up To $1 Million
Vancouver, BC – Monday, July 5th 2010
Pro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to announce that the Company has engaged IBK Capital Corp to act as lead investment bank for a non-flow-through offering of up to $1 million dollars in a brokered, best-efforts private placement of Units of the Company at a price of 7 cents per Unit. Each Unit consists of one common share and one share purchase warrant of the Company. Each warrant entitles the holder to purchase one additional common share of the Company at 15 cents for a period of two years following the closing of the offering. The primary purpose of the new financing is for development of the Company’s Shining Tree, and Lac Laura Gold Projects. Pro has selected IBK Capital to lead this round of financing because of IBK Capital's impressive history, spanning more than 21 years in the mining, renewable energy and technology market sectors. Over the past sixteen years, IBK have raised over $700 million in equity-related funding for junior clients. IBK will start scheduling meetings with the investment community immediately.
Pro Minerals appoints Adrian O’Brien President-COO
September 8th, 2009, 10:00AM PDT TSX.V – PRM
Pro Minerals Inc. (TSX.V Symbol – “PRM”), and its Board of Directors are pleased to announce the appointment of Adrian O’Brien as the company’s new President and COO, effective immediately. Mr. O’Brien will also retain his position as a Director of the company. The appointment of Mr. O’Brien follows the resignation of Christopher Chu as President and Chairman of the company effective September 4th, 2009. Mr. Chu has agreed to remain as a director of the company. Mr. Chu has stepped down from his position in order to focus on other business. The board of directors of Pro Minerals thanks Mr. Chu for his contributions the company and wishes him well in his future endeavours.
More Articles...
- Cairo Project Exploration Results
- Agreement To Aquire Shining Tree Gold Prospect
- Agreement To Aquire Verde Copper Project
- Private Placements
- Adrian O’Brien Appointed To Board of Directors
- Pro Minerals Closes IPO
- Lac Laura Gold Project Acquisition
- Jonathan Roth Appointed to Advisory Board
- Lac Laura Gold Project Acquisition
- Pro Minerals AGM Summary and Financing Update
Page 1 of 2

Latest News